Office Building For
For Sale
Contact for pricing
5300 Speaker Road, Kansas City, KS 66106
Office property offered for sale at 5300 Speaker Road in Kansas City, KS for business occupancy or ownership.
Property Size19,473 SF
Price / SF$110
Days on Market104
Property Features for 5300 Speaker Road
General Information
Standard status
Active
Size
19,473 SF
Total Parking Spaces
70
Property subtype
Office
Zoning
M-2
Investment Type
Owner/User
Listing Agency:
Block & Company Inc
Listed By:
Coltin Diehl · License #00249262
(816) 753-6000
Source:
Crexi
Added: May 27
Changed: Aug 26
Last Checked: Sep 6 at 5:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Block & Company Inc
Investment Insights
Based on property information with market context.
This listing presents an office building offered for sale as part of the broader commercial real estate market. The property is categorized as Office Buildings and Office Spaces, supporting business uses that require dedicated office environments.
The building is located at 5300 Speaker Road in Kansas City, KS 66106. This convenient, established address allows prospective occupants and buyers to evaluate the asset as part of their site selection and operational planning. The offering is structured as a purchase transaction.
For tenants evaluating ownership or space needs, the asset’s office designation makes it a straightforward fit for organizations seeking an office-based facility. For buyers, this property provides an opportunity to acquire an office-focused commercial asset in the Kansas City, KS area. Interested parties should review the offering details and conduct due diligence to confirm building-specific features, functionality, and any applicable requirements for their intended use.
The building is located at 5300 Speaker Road in Kansas City, KS 66106. This convenient, established address allows prospective occupants and buyers to evaluate the asset as part of their site selection and operational planning. The offering is structured as a purchase transaction.
For tenants evaluating ownership or space needs, the asset’s office designation makes it a straightforward fit for organizations seeking an office-based facility. For buyers, this property provides an opportunity to acquire an office-focused commercial asset in the Kansas City, KS area. Interested parties should review the offering details and conduct due diligence to confirm building-specific features, functionality, and any applicable requirements for their intended use.
Key Highlights
- Office property for sale at 5300 Speaker Road, Kansas City, KS 66106
- Offered for business occupancy or ownership
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$193,747
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,874,940
$3.9M
Cap Rate 7%
$2,767,814
$2.8M
Cap Rate 9%
$2,152,744
$2.2M
Market Conditions
NOI Build-Up for 19,473 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$350.5K $18.00/SF
− Vacancy
−$92.2K −$4.73/SF
EGI
$258.3K $13.27/SF
− OpEx
−$64.6K −$3.32/SF
NOI
$193.7K $9.95/SF
Area
Kansas City, KS
Vacancy
26.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,874,940
Cap Rate 7%
$2,767,814
Cap Rate 9%
$2,152,744
Alternative Uses
Best Use
Office B
$2.77M
$2.42M – $3.23M
NOI $193,747 @ 7.0% cap · market cap 9.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.23M
$2.82M – $3.76M
NOI $225,828 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Explore this area
Business Placement
Demographics for 66106, KS
24,085
Population
9,226
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,274
Density / Sq Mi
$56,294
Median Household Income
$39,734
Median Earnings
$944
Median Rent
$154,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property offered for sale at 5300 Speaker Road in Kansas City, KS for business occupancy or ownership.
Where is this office building located?
The property is located at 5300 Speaker Road Kansas City, KS.
What is the asking price?
The asking price for this property is $2,142,030.
What are key features of this property?
This property features: Office property for sale at 5300 Speaker Road, Kansas City, KS 66106; Offered for business occupancy or ownership
